Monday, November 17, 2008

Why Properties Featured in Tacoma Foreclosure Listings Are Still Attractive to Buyers

There have been no marked changes in Tacoma foreclosure listings, only a slight decrease and real estate experts consider the city’s real estate market not considerably affected by the turbulence prevalent in other cities. A lot of reasons can be attributed to this. One major reason for the stability of real estate market is the city’s equally stable economic condition. Its service-oriented sector support the nearby military bases, Fort Lewis and the McChord Air Force Base. The Port of Tacoma is one of the country’s major seaports that handle the transportation of large cargos and trucks to Alaska and Asia. The city also has a large oil refinery. And because the homes included in Tacoma foreclosure listings are quite affordable, most are valued between $100,000 and $200,000, sellers have no trouble disposing them to interested buyers could use the properties as investments, renting or selling them at a much higher price.


The large corporations that call Tacoma home has also contributed to the strength of the city’s job market. Newly relocated employees and fresh graduates can find affordable housing through listings of Tacoma home foreclosures. In fact, some people from neighboring places are attracted to the city’s ambiance and retention of small-town feel. This has contributed to the continued strength of the real estate market, as some would rather commute to and fro Tacoma than stay in distinctly more populous and urban locations, like Seattle. One cannot go lacking for things to do in Tacoma, with recreational activities associated with the three nearby national parks: Mount Olympic, North Cascades and Mount Rainier. This port city also offers a lot of opportunities for water sports and recreations. These features and more provide ample reasons for one to acquire a property through the Tacoma foreclosure lists and consider calling the city home.

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